Global Crossing (JETBF) director exercises 420K RSUs and sells 158,929 shares
Rhea-AI Filing Summary
Global Crossing Airlines Group Inc. director and officer Ryan Goepel reported multiple transactions in company stock. He exercised derivative awards to acquire 420,000 shares of common stock at an exercise price of $0.00 per share through vesting of restricted stock units. On the same general timeline, he sold 158,929 common shares, including 113,329 shares at $0.48 per share, 30,051 shares at $0.40 per share, and 15,549 shares at $0.44 per share, with at least part of the disposition described as a sale-to-cover for tax withholding on RSU vesting. After these transactions, he directly owned 1,810,795 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Goepel Ryan
Role
See Remarks
Sold
158,929 shs ($73K)
Approx. gross sale proceeds
$73K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 50,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 50,000 | $0.00 | $0.00 |
| Sale | Common Stock | 15,549 | $0.44 | $7K |
| Exercise | Restricted Stock Units | 83,334 | $0.00 | $0.00 |
| Exercise | Common Stock | 83,334 | $0.00 | $0.00 |
| Sale | Common Stock | 30,051 | $0.40 | $12K |
| Sale | Common Stock | 113,329 | $0.48 | $54K |
| Exercise | Restricted Stock Units | 286,666 | $0.00 | $0.00 |
| Exercise | Common Stock | 286,666 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 623,334 shares (Direct);
Common Stock — 1,810,795 shares (Direct)
Footnotes (6)
- F1. Reporting person owns only shares of issuer common stock and does not own any shares of Class A common stock or Class B common stock.
- F2. Disposition of shares of common stock resulted from a sale-to-cover transaction solely to satisfy tax withholding obligations in connection with the vesting of the RSUs.
- F3. Shares of common stock were acquired upon vesting and therefore conversion of an equal number of RSUs.
- F4. Each RSU represents a contingent right to receive one share of the issuer's common stock pursuant to the issuer's Restricted Share Unit Plan. This award of RSUs was granted on February 3, 2025. Shares of common stock subject to this award are subject to service-based vesting conditions and these RSUs vest one-third on each of February 3, 2026, February 3, 2027, and February 3, 2028, subject to continued service through such vesting date.
- F5. Each RSU represents a contingent right to receive on share of the issuer's common stock pursuant to the issuer's Restricted Share Unit Plan. This award of RSUs was granted on March 16, 2023. Shares of common stock subject to this award are subject to service-based vesting conditions and these RSUs vest one-third on each of March 16, 2024, March 16, 2025, and March 16, 2026, subject to continued service through such vesting date.
- F6. Each RSU represents a contingent right to receive one share of the issuer's common stock pursuant to the issuer's Restricted Share Unit Plan. This award of RSUs was granted on March 20, 2024. Shares of common stock subject to this award are subject to service-based vesting conditions and these RSUs vest one-third on each of March 20, 2025, March 20, 2026, and March 20, 2027, subject to continued service through such vesting date.
Key Figures
RSU exercises: 420,000 shares
Shares sold total: 158,929 shares
Sale at $0.48: 113,329 shares
+3 more
6 metrics
RSU exercises
420,000 shares
Common shares acquired via RSU vesting at $0.00 exercise price
Shares sold total
158,929 shares
Aggregate insider sales across three transactions
Sale at $0.48
113,329 shares
Common shares sold at $0.48 per share on February 20, 2026
Sale at $0.40
30,051 shares
Common shares sold at $0.40 per share on March 16, 2026
Sale at $0.44
15,549 shares
Common shares sold at $0.44 per share on March 23, 2026
Post-transaction holdings
1,810,795 shares
Common shares directly owned after the latest transactions
Key Terms
Restricted Stock Units, sale-to-cover, Restricted Share Unit Plan, service-based vesting conditions
4 terms
Restricted Stock Units financial
"The filing reports multiple transactions involving Restricted Stock Units converting into common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sale-to-cover financial
"Disposition of shares of common stock resulted from a sale-to-cover transaction solely to satisfy tax withholding obligations."
service-based vesting conditions financial
"Shares of common stock subject to this award are subject to service-based vesting conditions and vest one-third annually."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Ryan Goepel report for Global Crossing Airlines (JETBF)?
Ryan Goepel reported exercising restricted stock units to acquire 420,000 Global Crossing Airlines common shares at $0.00 and selling 158,929 shares at prices between $0.40 and $0.48 per share, reflecting both equity compensation activity and share dispositions.
What prices were the Global Crossing Airlines (JETBF) insider sales executed at?
The reported insider sales were executed at $0.48, $0.40 and $0.44 per share. Specifically, 113,329 shares sold at $0.48, 30,051 shares at $0.40, and 15,549 shares at $0.44, according to the Form 4/A transaction details.
What restricted stock unit activity did Global Crossing Airlines (JETBF) disclose for Ryan Goepel?
The filing shows RSU vesting that converted into 420,000 common shares at a $0.00 exercise price. These RSUs were granted under the company’s Restricted Share Unit Plan and vest in service-based annual tranches over multi-year schedules described in the footnotes.